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94
Dec 28, 2012
12/12
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when we fall, china rise. open your eyes. let god come in to our life. we cannot live by the gun, money, and power. thank you very much. host: thank you for the call. and exclusive about every clan that she'll be back to work next week. she will return after three weeks of recovery after a stomach virus. she can move forward with their plan to testify in open hearings on the attacks in benghazi, testimony she was not ine to give earlier december. she will be back at the state department. she has been recuperating. next call from trenton, new jersey. our next call. caller: i voted republican but i have at one of independent the points. it seems we have a logjam in washington over this voting on the fiscal cliff. the log jam seems to be on the democrat side. they should try to place the blame on republicans. harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for som
when we fall, china rise. open your eyes. let god come in to our life. we cannot live by the gun, money, and power. thank you very much. host: thank you for the call. and exclusive about every clan that she'll be back to work next week. she will return after three weeks of recovery after a stomach virus. she can move forward with their plan to testify in open hearings on the attacks in benghazi, testimony she was not ine to give earlier december. she will be back at the state department. she...
151
151
Jan 1, 2013
01/13
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CSPAN
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eye 151
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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71
Dec 8, 2012
12/12
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CSPAN
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eye 71
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we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of the total of spending that goes to investment in research and development, infrastructure, education training. in 1969, 31.3% of the federal government
we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources....
114
114
Dec 27, 2012
12/12
by
CSPAN
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eye 114
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. sawus in 1985, 1990's, you an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for a few and spectacular insecurity for most. creating spectacul
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. sawus in 1985, 1990's, you an explosion of money minting on the back of the daily capital tsunami that floated to feed the global...
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102
Dec 8, 2012
12/12
by
CSPAN
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eye 102
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and the other issue is china, we need to keep the chinese people here because when they go back they are going to compete with us. timing i think is everything and we need to get this going and now. and there is perhaps an important point in dividing the visa issue from the general immigration issue because one can be dealt with much more quickly than the other one can. >> any comments than? >> that's actually been my view for sometime. because of the urgency around invasion moving quickly to deal with high skill immigration is the rights way to go and very supportive of what senator war warner have been doing and if trfs a consensus in the white house i would be delighted. my own assessment is that's unlikely. unless there say broader solution around immigration, doesn't have to be everything which is why it might be the start back plus the dream act. it could be comprehensive. my own guess is that reading the tea leaves this -- my day job is vesting companies this is like moonlighting on the side lines so there are people up here who know a lot more than i do but my sense of it tal
and the other issue is china, we need to keep the chinese people here because when they go back they are going to compete with us. timing i think is everything and we need to get this going and now. and there is perhaps an important point in dividing the visa issue from the general immigration issue because one can be dealt with much more quickly than the other one can. >> any comments than? >> that's actually been my view for sometime. because of the urgency around invasion moving...
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131
Dec 31, 2012
12/12
by
FBC
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eye 131
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now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe investments. but other things that are traditionally considered to be safe like utility stocks and reit, things that are really dependent upon the cost of long-term money, we think durable. gerri: volatility can be your friend. >> because down or volatility can create buying a virginities if you are positioned for a. buy things lower. buy low and sell high. gerri: that is always the case. to you as you lookkat this market going forward. we just showed these numbers. up 13% on nasdaq at 17. what is interesting about this is that i don't b
now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe...
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354
Dec 28, 2012
12/12
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FOXNEWSW
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. >>> china. a huge fish tank holding sharks burst wide open at a shopping mall. security video capturing the moment the glass broke. saturdays of glass covering some shoppers. local media reporting several people with injuries from cuts to a broken leg. some of those lem on sharks, fish around turtles died. that s a wrap on this fox trip around the world in 80 seconds. >> harris: more on the breaking news at this hour. the death of retired general norman schwarzkopf. his extraordinary life and military career, next. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. mine was earned off vietnam in 1968. over the sou
. >>> china. a huge fish tank holding sharks burst wide open at a shopping mall. security video capturing the moment the glass broke. saturdays of glass covering some shoppers. local media reporting several people with injuries from cuts to a broken leg. some of those lem on sharks, fish around turtles died. that s a wrap on this fox trip around the world in 80 seconds. >> harris: more on the breaking news at this hour. the death of retired general norman schwarzkopf. his...
84
84
Dec 30, 2012
12/12
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CSPAN
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eye 84
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if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure that we are continuing to invest in those kinds of investments. we should also realize
if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we...
153
153
Dec 30, 2012
12/12
by
CSPAN
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eye 153
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as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making invest
as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i...
90
90
Dec 29, 2012
12/12
by
FBC
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eye 90
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> it is about double. it will increase, hopefully not. you are between three and $4 a gallon. it is not just about melt. this is a food cliff. we talk about the finan
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt...
123
123
Dec 30, 2012
12/12
by
CSPAN
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eye 123
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communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are religious, it does not make you write all the time. >> get in line with everybody else. with respect, i disagree with what you just said. the religious right, which i obviously am not a member, rose after the religious left in the form of the reverend martin luther king and jesse jackson, etc., etc. the religious right was provoked into polit
communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states...
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70
Dec 25, 2012
12/12
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CSPAN
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eye 70
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my relation to china -- i went with a professor who went to china. the press said -- what are you doing? >> i said i am writing a book. there are about 600 of them and they speak english. it is like talking to a group in texas. there is no problem in understanding how the system works. exactly what they said. how do we get from here to there? to which my response is, i do not know. that is a problem for you to solve, i cannot do it. what is it that they seem to be interested in? it is so obvious. do you think this rule of law has been given on day one and suddenly it was followed? of course not. do not think democracy will solve them. it is both your friend and your enemies. hamilton and madison right the document. it is a very good document. ask any of us on the courts, we would be in agreement on the basic things. the basic framework is it creates institutions of democracy. people can decide for themselves what kinds of community they want it is a special kind of democracy. it is a democracy that protect certain basic human rights that assures some
my relation to china -- i went with a professor who went to china. the press said -- what are you doing? >> i said i am writing a book. there are about 600 of them and they speak english. it is like talking to a group in texas. there is no problem in understanding how the system works. exactly what they said. how do we get from here to there? to which my response is, i do not know. that is a problem for you to solve, i cannot do it. what is it that they seem to be interested in? it is so...
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118
Dec 28, 2012
12/12
by
CSPAN
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eye 118
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
84
84
Dec 29, 2012
12/12
by
FBC
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eye 84
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we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at adircopd.com. i don't have to leave my de and get up and go to the
we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung...
114
114
Dec 23, 2012
12/12
by
CSPAN
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eye 114
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they are using their position to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax rates. some have urged congressman tom price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the presi
they are using their position to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out...
60
60
Dec 29, 2012
12/12
by
FBC
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eye 60
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just gotblacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guessam on the naughty list again? ho ho ho! pizza hut's $10 any pizza on deal is back.ist again? any pizza, toppings, sis. ...ten bucks. the meat lover's pizza. ...ten bucks. delivery, dine in or carry. ...out of this world pizza. pizza hut's $10 any pizza deal is back. now, that's how you make it great. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on.
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just gotblacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any...
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78
Dec 29, 2012
12/12
by
FBC
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eye 78
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes the same time to create a dropout. and the difference between a kid becoming one or the other could be professional athlete. or it could be you. studies show, the earlier we get to kids, the better their chances. so become a united way volunteer reader, tutor or mentor. make a difference in the life of a child. for the life of that child. give. advocate. volunteer. live. united. join your favorite nfl players. take the pledge. go to unitedway.org. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year al
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes...
105
105
Dec 28, 2012
12/12
by
CSPAN
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eye 105
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we're talking about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations there from willard. we're going to go on to cal on the republicans line in tennessee. what do you think of the fiscal cliff and where the negotiations are so far? >> i think they ought to go over the fiscal cliff. we have people like that that are on the government bill too long. they are sucking the tit of the federal government. i think everyone should pay their fair share. we have almost a $17 billion national debt. not only, the rich but everyone should pay their fair share. we also need some spending cuts too. $3 for every $1. if you don't
we're talking about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations...
154
154
Dec 9, 2012
12/12
by
CSPAN
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eye 154
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they have 700,000 manufacturing jobs in china. the daily wage average, someone can correct me, but the folksmaking these phones -- they make around $2 or $3 an hour. people ask why doesn't apple move the jobs here? you cannot find anyone here legally whose income would max out at $3. and transportation is so inexpensive, they commit them over here and ship -- make them over there and ship them here. they are not involved in slavery but i'm giving you the sense of sourcing of labor are round the world and the stream child labor, forced labor an-- and the extreme child labor, forced labor. we have the understanding of slavrery in the modern context. how we attack it based on this economic profile? understanding the key shift in the logic of contemporary forms of slavery point as to assert a kind of tactics and policies that might prove more affected. one would be attacked the profits generated by the exploitation. make it less profitable and rewarding to be involved in the exploitation of child laborers, slaves, etc. these products
they have 700,000 manufacturing jobs in china. the daily wage average, someone can correct me, but the folksmaking these phones -- they make around $2 or $3 an hour. people ask why doesn't apple move the jobs here? you cannot find anyone here legally whose income would max out at $3. and transportation is so inexpensive, they commit them over here and ship -- make them over there and ship them here. they are not involved in slavery but i'm giving you the sense of sourcing of labor are round the...
91
91
Dec 27, 2012
12/12
by
CSPAN
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eye 91
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. planet earth was simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the -- in this conflagration, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that...
183
183
Dec 1, 2012
12/12
by
KRCB
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eye 183
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there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the companies that have a china strategy? we hear from so many companies like starbucks or marriott hotels who say china is going to be their biggest market long-term outside of the united states. do you think that they're on track to continue with that policy, despite the bumps along the way? >> yeah, i think the big story here is really going to be the urbanization story. i mean the expectation that the chinese government has is really azing. they expect $300 million people are going to move from rural areas to urban areas within china over the next 20 years. if that happens the way the government expects it's
there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the...
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Dec 12, 2012
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if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unpolluted with unemployment. -- with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if they do not balance their budget. the answer you most frequently get is all they had to do was say, 40% of revenues was going to pay the interest bill on the canadian debt, and the public and media realize that was not a great idea -- public immediately r
if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unpolluted with unemployment. -- with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and...
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Dec 29, 2012
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ tom: washington still fighting over the debt deal. farmers are worried abou
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of...
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Dec 30, 2012
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they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our ambassador chased him down the hallway and finally cornered him long enough to say we wanted to talk. two weeks later a chinese car flying the chinese flag arrived at our embassy and brings the ambassador saying, okay, i'm ready to talk. >> but the meetings met with little progress. in the summer of 1969 with lower bureaucratic channels broken down kissinger and nixon devised a plan to go straight to the top, right to chairman mao. during a trip to pakistan they asked the president to arrange the china connection. >> nothing happened for six mo
they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our...
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. >>> let me finish tonight with this. memory is a fascinating thing. what we choose to hang on to, what hangs on in our mind, no matter what we choose. if you're like me, you remember the big ones. you remember the president's bad night in that first debate. actually, that's one i tried hard to get out of my mind. it's punishing just to think about. you remember the oddness of watching mitt romney stand in fr
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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Dec 31, 2012
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 8, 2012
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the other issue is china. we need to keep chinese people here, because when they go back, they will compete with us. timing i think is everything. we need to get this going. we need to get it now. there is perhaps an important point in dividing the visa issue from the general immigration issue. one can be dealt with much more quickly. any comments? >> that has been my view for some time. because of the urgency around an entrepreneur should and innovation, moving quickly to move up with high skilled -- to deal with high skilled immigration is important. i have been a very supportive of what senator warner has been trying to do. if there was a consensus in the congress, and with the white house, to move on that, i would be delighted. my own assessment is that that is unlikely. unless there is a broader solution around immigration, it does not have to be everything, which is why it might be piecemeal, my own guess is that -- my day job is investing in companies, this is just moonlighting -- my sense of it just ta
the other issue is china. we need to keep chinese people here, because when they go back, they will compete with us. timing i think is everything. we need to get this going. we need to get it now. there is perhaps an important point in dividing the visa issue from the general immigration issue. one can be dealt with much more quickly. any comments? >> that has been my view for some time. because of the urgency around an entrepreneur should and innovation, moving quickly to move up with...
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. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics a
. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well...
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Dec 29, 2012
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china is not a testimony democracy. they have a centralized government and what they're watching is some of the confusion that exists in democracy. democracy has a lot of advantages, but making decisions quickly is not one of them. >> all right. how about treasury secretary tim geithner? he says we are about to hit that debt ceiling, the legal limit at which a country can borrow money to pay its bills. and that has as much effect on markets as the cliff, correct? >> absolutely. and maybe even more. because the worst thing that could happen is that we stop paying our bills. the world is willing to give us money to help us pay our bills, the world is willing to accept a lot of things. but if the u.s. government stops paying its bills because it has hit the debt ceiling, that could be disastrous. that would mean clearly an entry into a recession and a lot of unemployment. because that would cause the faith and credit of the u.s. to be put in jeopardy. >> thank you very much for talking to us. and as demonstrated, the fisca
china is not a testimony democracy. they have a centralized government and what they're watching is some of the confusion that exists in democracy. democracy has a lot of advantages, but making decisions quickly is not one of them. >> all right. how about treasury secretary tim geithner? he says we are about to hit that debt ceiling, the legal limit at which a country can borrow money to pay its bills. and that has as much effect on markets as the cliff, correct? >> absolutely. and...
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Dec 11, 2012
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people say, how do we compete with china? we can have the entire world at our disposal and start businesses. we do it by allowing the best people in the world to come to the united states and start businesses -- letting them come and then stay. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cl
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. we do it by allowing the best people in the world to come to the united states and start businesses -- letting them come and then stay. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important...
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i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people behind us. jolie where my people are going so i can get out in front in them. -- show me where my people are going. [laughter] i think it was voltaire. i'm not sure. maybe both. >> next question. i neglected to call my duties as a moderator. if you would please stand, give us your name and organization and represent and then ask your question. >> cameron from canada. i work for research in motion, but that is not relevant. my question is the discussion was about the special board of nato countries and those closely aligned, australia,
i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people...
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Dec 21, 2012
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in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault weapon today. it is not about clips or number of rounds in a gun. we have to focus upon those problems that caused this young man to snap, to kill his mom. i cannot imagine that. and then go and kill six-year oldss. the guns did not make him do that. the guns were not evil. he is evil, his act is evil. we need to deal with what caused the problems. i don't think the guns caused it. host: back to your home state of georgia, james is on the phone on the independent line. caller: just a few things. georgia is last on the bottom of the education. you are doing nothing to help the people of geor
in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault...
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as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is that t
as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to...
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Dec 6, 2012
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active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we should tax that money -- income and we should ta money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. open phones. if you like to have a comment about anything we discussed this morning, any public policy issue that you like to bring up, you can see the numbers on the screen/political affiliation. republicans, democrats, and independents. send your tweets and e-mials as mails as well. >> , 9:31 a.m.. jobless numbers in this hour so the numbers of people seeking aid dropped sharply las
active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they...
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active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active income and we should tax that money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. >> explores the history and literary culture of all money -- of albany. tonight on c-span, a senate debate on the fiscal cliff. shaun donovan discusses it. harry reid and mitch mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations.
active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active income and we should tax that money....
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Dec 28, 2012
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locally, this will not be 65 feet of snow at the spot in china. remember, i read this and i just said -- what? there could be an avalanche and buried villages in the mountainous areas of china. livestock were buried, many of them killed. villages are working the other to clear the snow. from the looks of the video, it will take quite a long time. >> i thought you meant it dropped 65 feet before the storm already world. >> hopefully they have emergency kids. >> i'm sensing a theme. >> this is not a mega storm, not a monster. just a few inches. let's start with the current conditions and then we will get into the details. 38 right now at the airport. winter weather and risers are in effect for all county shaded in blue for saturday. if you are not shaded, that not mean you will not get any. revised he's extending all the way down into the ohio valley because the storm visiting us is just now getting its act together around the gulf coast and moving through the ohio river valley to visit us saturday morning. this is a quick moving storm that does not
locally, this will not be 65 feet of snow at the spot in china. remember, i read this and i just said -- what? there could be an avalanche and buried villages in the mountainous areas of china. livestock were buried, many of them killed. villages are working the other to clear the snow. from the looks of the video, it will take quite a long time. >> i thought you meant it dropped 65 feet before the storm already world. >> hopefully they have emergency kids. >> i'm sensing a...
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it seems to me we would even have to consider borrowing money from china or anywhere else, why we should even have that as an option. we're the richest country in the world. and also won three note on the gun laws issue. i do not see how they can target any particular weapon. it is worse than any combat- loading weapon. you can almost do that as fast as you can pull the trigger also. not a matter how many rounds you can shoot, but any sane person -- insane person getting hold of anything. guest: the reality of using guns or whatever illegal purpose of its lost in washington and the politics. we will have to do something, a press release and a press conference. there is a second amendment. they believe the supreme court has recognized the individual rights in a narrow decision. one thing i want to go back to, and what i hear from folks like yourself and others is the mass of new regulations coming out. instead of helping, we are hindering folks. practically on the provisions of obama care and how that is impacting a growing -- actually a sluggish economy going in the wrong direction. you
it seems to me we would even have to consider borrowing money from china or anywhere else, why we should even have that as an option. we're the richest country in the world. and also won three note on the gun laws issue. i do not see how they can target any particular weapon. it is worse than any combat- loading weapon. you can almost do that as fast as you can pull the trigger also. not a matter how many rounds you can shoot, but any sane person -- insane person getting hold of anything....
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that chrysler was going to begin making jeeps in china. >> for chinese. >> right. right. it made perfect sense. a lot of auto-companies do this. obviously, that's the clear implication of the ad. so the fundamental message is a lie. they just covered thems enough with the language. maybe they thought they wouldn't get called out on it. i think they were desperate to win ohio. maybe it was a net loss. >> i think it's one of those things like voter suppression. whiplash against it. thank you so much, michael. thank you, jonathan. same with you. when we return, let me finish with the ultimate triumph this year of, believe it or not. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. to the best vacation sp(all) the gulf! [ male announcer ] break from the holiday stress. it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it.
that chrysler was going to begin making jeeps in china. >> for chinese. >> right. right. it made perfect sense. a lot of auto-companies do this. obviously, that's the clear implication of the ad. so the fundamental message is a lie. they just covered thems enough with the language. maybe they thought they wouldn't get called out on it. i think they were desperate to win ohio. maybe it was a net loss. >> i think it's one of those things like voter suppression. whiplash against...
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that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect. katie barnfield has gone up to man chester to see how the government's
that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are...
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this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the navy. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president ama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of tht. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience i military matters. in this particular case we are going down to 220 ships. to put that number in rspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ships
this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the navy. it will take the navy and drive it down to the...
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Dec 29, 2012
12/12
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FBC
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so i think it is sending a message that for those countries like turkey, india, china, russia, are helping them subvert sanctions they will stand by them an protect them even though they're widely exposed. adam: let's do a little bit of mathematics here. it is adding up what we've seen in the past few days. just yesterday the iranian regime said they were willing to let in nuclear inspectors if israel and their threat to attack was diffused and if western sanctions were to be eased. s what does that plus now the war exercises add up to? is the regime, on a precipice? are they falling and in turmoil or trouble? >> economically they certainly are. there is a lot of russelling going on the streets that the economy is not stable. they tried to do their own stimulus package a month ago and really didn't get much of a response. so the reel itself is failing. what they're doing to try to buy themselves political time while not giving away any posturing and letting their people know they're in fully control of their state, the region and they will not be pushed around. remember the other factor is
so i think it is sending a message that for those countries like turkey, india, china, russia, are helping them subvert sanctions they will stand by them an protect them even though they're widely exposed. adam: let's do a little bit of mathematics here. it is adding up what we've seen in the past few days. just yesterday the iranian regime said they were willing to let in nuclear inspectors if israel and their threat to attack was diffused and if western sanctions were to be eased. s what does...
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Dec 9, 2012
12/12
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the number one priority is bringing jobs home from china. host: you are on the air. go ahead, roger. caller: these people that sold our country out, they need to be exiled to themselves. host: good morning on the independent line. what is the number-one priority as the president embarks on a second term? caller: the issue a want to talk about this morning is one both sides agree with. everybody agrees but the tax code needs to be reformed, simplified. it needs to be changed in a permanent way where businessmen and individuals can plan for the future. there are multiple ways to do this, cut in reductions, giving everybody a fair chance to the tax code. i think it will really chance the economy. put it on a solid basis for businesses to plan and go into the future with. host: what do you think the president's number one priority should be? caller: first of all, i would like to make an observation. ever since president obama became president, i have noticed watching your program that your daily topics are on what president obama is going to do. i would be a wealthy woma
the number one priority is bringing jobs home from china. host: you are on the air. go ahead, roger. caller: these people that sold our country out, they need to be exiled to themselves. host: good morning on the independent line. what is the number-one priority as the president embarks on a second term? caller: the issue a want to talk about this morning is one both sides agree with. everybody agrees but the tax code needs to be reformed, simplified. it needs to be changed in a permanent way...
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Dec 30, 2012
12/12
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FOXNEWSW
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china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work. it will do one thing, raise the prices everything we spend money on today. >> gregg: good to is a you. >> arthel: and if all that doesn't work, you play the lottery. california alone raking $4.8 billion in 2012. what are the odds of that in such a fragile economy. bringing in claudia kalan with the story. >> you are right. it's not just california. in states across the country, lottery sales were thriving in 2012. according to the experts it has a lot to do with the state of the economy. >> are you going to walk away with it? >> even
china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work....